Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 2006 |
Head of Institution | Ranjib Kumar Ghosh |
Regions active | |
# Branches | 6 |
Total Portfolio (nat'l) | INR 24,841,151 |
Total Portfolio (USD) | USD 468,700.96 |
Active clients with loans | 6,782 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.bestfundghana.org |
Year established | 2005 |
Head of Institution | Dr. Emmanuel Shaft Boamah |
Regions active | Greater Accra Region, Ashanti Region |
# Branches | 3 |
Total Portfolio (nat'l) | GHS 8,220,420 |
Total Portfolio (USD) | USD 4,172,802.03 |
Active clients with loans | 13,064 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | GHAMFIN, ASSFIN, AMT |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | INR 3,000 - 15,000 | 8.6 | 80% - 100% | 20% - 40% | Business | Women | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Capacity Loan | GHS 3,000 - 8,000 | 6 - 10 | 60% - 80% | 0% - 20% | Business, Education | Women, Men, Have business, Salaried worker | Credit Ins, Tech Asst Visits | |||||||
Group Loan | GHS 2,000 - 10,000 | 5 - 8 | 80% - 100% | 0% - 20% | Business, Education, Land | Women, Men, Have business, Salaried worker | Group Mtgs, Tech Asst Visits | |||||||
Individual Loan | GHS 500 - 1,000 | 4 - 6 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Ins |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 0 | 32.1% | 42.8% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 11.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront | 32.1% | 42.8% | 26 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Capacity Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 64.5% - 68% | 74.9% - 78.8% | 47 | ||||||||
Group Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 59% - 70.2% | 68.1% - 81.6% | N/A | ||||||||
Individual Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 62.3% - 69.1% | 72.1% - 80.2% | 47 |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 0 | 32.1% | 42.8% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income Generating Loan | 11.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0% upfront | 32.1% | 42.8% | 26 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Capacity Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 64.5% - 68% | 74.9% - 78.8% | 47 | ||||||||
Group Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 59% - 70.2% | 68.1% - 81.6% | N/A | ||||||||
Individual Loan | 36.0%-96.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 62.3% - 69.1% | 72.1% - 80.2% | 47 |
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